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Price comparison website Gocompare full-year revenue rises 19 percent

Published 10/01/2017, 07:27
Updated 10/01/2017, 07:30
© Reuters.  Price comparison website Gocompare full-year revenue rises 19 percent

(Reuters) - Price comparison website Gocompare.Com Group Plc (L:GOCO) reported a 19 percent jump in full-year revenue to about 142 million pounds and said it had started 2017 from a "position of confidence".

The company, which demerged from British insurer esure Group Plc (L:ESUR) in November, said adjusted operating profit for the year ended Dec. 31 would rise 30 percent to 30 million pounds ($36 million) from a year earlier, at the top end of its guidance.

Gocompare allows customers to compare insurance rates and prices of financial, travel and business products, utilities and household services.

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